Bank Negara Malaysia’s international reserves remain at US$124.1 billion, sufficient to finance 4.8 months of imports and cover short-term external debt
KUALA LUMPUR: Bank Negara Malaysia’s international reserves stood at US$124.1 billion as at November 28, unchanged from the level recorded on October 31.
The central bank stated the reserves position is sufficient to finance 4.8 months of imports of goods and services.
It is also equivalent to 0.9 times the total short-term external debt.
The main components of the reserves were foreign currency reserves (US$109.8 billion), International Monetary Fund reserves (US$1.3 billion), and special drawing rights (US$5.9 billion).
Other components included gold (US$4.8 billion) and other reserve assets (US$2.3 billion).
Total assets amounted to RM610.3 billion, comprising gold and foreign exchange and other reserves, including SDRs (RM522.8 billion).
The assets also included Malaysian government papers (RM13.4 billion), deposits with financial institutions (RM1.1 billion), and loans and advances (RM28.2 billion).
Land, buildings, and other fixed assets (RM4.57 billion) and other assets (RM40.2 billion) made up the remainder.
BNM said total capital and liabilities also amounted to RM610.3 billion.
This comprised paid-up capital (RM100 million), reserves (RM205.3 billion), and currency in circulation (RM173.8 billion).
Deposits by financial institutions stood at RM121.4 billion, while federal government deposits were RM4.04 billion.
Other deposits amounted to RM65.86 billion, with Bank Negara papers at RM8.53 billion.
The allocation of special drawing rights was RM27.88 billion, and other liabilities were RM3.28 billion. – Bernama
